Cold Stone Creamery Franchise
Tuesday, April 27, 2010 at 06:31PM Ice cream, frozen yogurt & Italian sorbet
Founders, Donald and Susan Sutherland, have a passion for ice cream! They searched everywhere for ice cream that was “smooth and creamy”, rather than the traditional hard-packed or soft-serve varieties. In 1988, after coming up empty in their search, they opened the first Cold Stone Creamery® in Tempe, Arizona. Using only the finest ingredients, the Sutherlands produced the highest quality ice cream available…making it fresh each day in their store. Every ice cream creation was then made to order for each customer by blending in mix-ins on a frozen granite stone (the Cold Stone!), and served in a fresh-baked waffle cone. Word soon spread far and wide among ice cream lovers that Cold Stone Creamery’s ice cream was the best, and the revolution began! In 1995, the first franchise store opened in Tucson, Arizona, followed by the first out-of-state store in Camarillo, California.
Start-up Costs & Franchises Fees
What is the total cost to open a Cold Stone Creamery Franchises?
Total Cost: $292,400-$438,980
Total Franchise Fees: $42,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Contact Information for Cold Stone Creamery
|
Cold Stone Creamery |
Toll Free: (888)218-3349 |
Cold Stone Creamery In the Press
No results at this time.Historical Expansion
In what year did Cold Stone Creamery begin operations? 1988
When did Cold Stone Creamery begin selling franchises? 1994
Year United States Canada International Corporate 2004 890 0 0 10 2003 423 0 0 4 2002 261 0 0 3 2001 166 0 0 2 2000 118 0 0 2
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
35% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 15
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes